Socio-Economic Research Centre executive director Lee Heng Guie.
BUDGET 2025, which will be tabled in Parliament on Oct 18, marks the last budget for the 12th Malaysia Plan (2021 to 2025). What fresh economic impetus to enhance the country’s competitiveness and future viability? What are the thematic priorities? How are citizens going to benefit?
The economy is outperforming expectations. Real gross domestic product (GDP) growth has expanded by an average growth of 5.1% per annum in the first half 2024, driven by resilience private consumption, robust investment and a rebound in exports.
